InvestorsHub Logo
Followers 312
Posts 21580
Boards Moderated 18
Alias Born 12/28/2002

Re: otcbargains post# 164533

Friday, 12/19/2014 4:21:13 PM

Friday, December 19, 2014 4:21:13 PM

Post# of 173939
otcbargains, re MFCO

My last post about this company as I'm already tired about talking about it. Didn't say they've never done business with this OEM before so not sure why you're pointing this out. My point is simply that the large order that accounted for 31% of fiscal Q3 revenues and probably a similar amount of Q4 revenues is not something I would count on every year. Look at the poor financials in 2013 when they had what I'm guessing is a more normal order from this OEM. The sequential declines in backlog the last 4 quarters would sure scare me away, but I hope the stock goes to the moon for ya!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.